Estimates of End-of-Month Retail Inventories and Inventories/Sales Ratios by Kind of Business:\
2003\
(Estimates are shown in millions of dollars and are based on data from the Monthly Retail Trade Survey, Annual\
Retail Trade Survey, and administrative records.)\
NAICS  Code\Kind of Business\
\\Jan. 2003\Feb. 2003\Mar. 2003\Apr. 2003\May 2003\Jun. 2003\Jul. 2003\Aug. 2003\Sep. 2003\Oct. 2003\Nov. 2003\Dec. 2003\
\NOT ADJUSTED\
\Retail Inventories, total\ 410451 \418325 \427498 \429301 \422349 \418851 \410633 \406301 \422245 \447727 \459216 \426609
44,45 excl. 441\Total excluding  motor vehicle and parts dealers\ 270049 \273398 \279507 \279417 \275244 \273696 \276582 \279330 \291681 \308572 \313390 \278270
441\Motor vehicle and parts dealers\ 140402 \144927 \147991 \149884 \147105 \145155 \134051 \126971 \130564 \139155 \145826 \148339
442,443\Furniture, home furn, electronics, and appliance stores\ 25097 \24643 \24986 \25285 \25182 \25533 \25639 \25764 \26874 \29779 \30879 \27050
444\Building materials, garden equip. and supplies dealers\ 35241 \37030 \38326 \38188 \37683 \36967 \35974 \35970 \36858 \36928 \36581 \36716
445\Food and beverage stores\ 32904 \32614 \32932 \32659 \32510 \32444 \32363 \32357 \33119 \33852 \34424 \33516
448\Clothing and clothing access. stores\ 34963 \36290 \37624 \37282 \36820 \36916 \38220 \39353 \41007 \42495 \42859 \35587
452\General merchandise stores\ 60676 \61712 \63976 \64892 \63368 \62127 \63059 \63935 \69787 \77007 \78670 \62748
4521\Department stores (excl. L.D.)\ 35105 \35684 \37206 \37736 \36606 \35465 \35763 \36428 \39988 \44286 \44990 \34275
\ADJUSTED(1)\
\Retail Inventories, total\ 418597 \422624 \424040 \424628 \423161 \423268 \424688 \419865 \425645 \429088 \431266 \432359
44,45 excl. 441\Total excluding  motor vehicle and parts dealers\ 280958 \282101 \282917 \282664 \281008 \281155 \282755 \282206 \284618 \285679 \286510 \286500
441\Motor vehicle and parts dealers\ 137639 \140523 \141123 \141964 \142153 \142113 \141933 \137659 \141027 \143409 \144756 \145859
442,443\Furniture, home furn, electronics, and appliance stores\ 25873 \25995 \25732 \25801 \25748 \26215 \26269 \26344 \26661 \27245 \27302 \27323
444\Building materials, garden equip. and supplies dealers\ 35924 \36555 \36676 \36404 \36338 \36493 \36522 \36779 \37726 \37567 \37712 \37969
445\Food and beverage stores\ 32869 \33017 \33217 \33068 \32948 \32818 \33032 \33032 \33302 \32903 \32754 \32684
448\Clothing and clothing access. stores\ 37962 \38120 \38314 \38160 \38155 \38097 \38335 \38431 \38360 \38284 \38681 \38598
452\General merchandise stores\ 65695 \65383 \65723 \66533 \65778 \65674 \65913 \65383 \66110 \66827 \66291 \66554
4521\Department stores (excl. L.D.)\ 38492 \38043 \38238 \38823 \38131 \37930 \37685 \37286 \37512 \37690 \37029 \36895
\INVENTORIES/SALES, RATIOS NOT ADJUSTED\
\Retail Trade, total\ 1.69 \1.79 \1.62 \1.61 \1.5 \1.54 \1.47 \1.42 \1.59 \1.63 \1.69 \1.3
44,45 excl. 441\Total excluding  motor vehicle and parts dealers\ 1.5 \1.58 \1.45 \1.44 \1.34 \1.39 \1.37 \1.34 \1.49 \1.5 \1.49 \1.07
441\Motor vehicle and parts dealers\ 2.26 \2.37 \2.06 \2.07 \1.92 \1.95 \1.71 \1.64 \1.86 \2.05 \2.37 \2.23
442,443\Furniture, home furn, electronics, and appliance stores\ 1.83 \1.93 \1.78 \1.9 \1.71 \1.77 \1.71 \1.62 \1.8 \1.93 \1.77 \1.19
444\Building materials, garden equip. and supplies dealers\ 2.03 \2.36 \1.91 \1.58 \1.46 \1.47 \1.46 \1.57 \1.6 \1.52 \1.75 \1.76
445\Food and beverage stores\ 0.85 \0.91 \0.85 \0.84 \0.79 \0.83 \0.78 \0.79 \0.86 \0.84 \0.86 \0.77
448\Clothing and clothing access. stores\ 3.23 \3.11 \2.8 \2.72 \2.5 \2.73 \2.76 \2.53 \3.02 \2.91 \2.59 \1.33
452\General merchandise stores\ 1.92 \1.91 \1.76 \1.8 \1.63 \1.67 \1.7 \1.59 \1.98 \1.99 \1.76 \1.04
4521\Department stores (excl. L.D.)\ 2.51 \2.49 \2.27 \2.3 \2.08 \2.13 \2.18 \2 \2.55 \2.56 \2.16 \1.11
\INVENTORIES/SALES, RATIOS ADJUSTED(1)\
\Retail Trade, total\ 1.56 \1.6 \1.58 \1.59 \1.58 \1.56 \1.55 \1.51 \1.54 \1.56 \1.55 \1.56
44,45 excl. 441\Total excluding  motor vehicle and parts dealers\ 1.42 \1.43 \1.42 \1.43 \1.42 \1.4 \1.39 \1.38 \1.39 \1.39 \1.39 \1.38
441\Motor vehicle and parts dealers\ 1.97 \2.11 \2.05 \2.04 \2.04 \2.03 \2 \1.88 \1.99 \2.06 \2.02 \2.09
442,443\Furniture, home furn, electronics, and appliance stores\ 1.76 \1.82 \1.75 \1.74 \1.69 \1.71 \1.7 \1.68 \1.69 \1.72 \1.7 \1.69
444\Building materials, garden equip. and supplies dealers\ 1.68 \1.81 \1.72 \1.73 \1.7 \1.65 \1.62 \1.62 \1.65 \1.62 \1.63 \1.65
445\Food and beverage stores\ 0.83 \0.84 \0.84 \0.84 \0.84 \0.83 \0.83 \0.82 \0.83 \0.82 \0.82 \0.82
448\Clothing and clothing access. stores\ 2.6 \2.69 \2.65 \2.65 \2.6 \2.56 \2.53 \2.54 \2.53 \2.54 \2.53 \2.49
452\General merchandise stores\ 1.74 \1.72 \1.71 \1.74 \1.71 \1.69 \1.67 \1.63 \1.66 \1.69 \1.66 \1.66
4521\Department stores (excl. L.D.)\ 2.16 \2.15 \2.15 \2.2 \2.14 \2.12 \2.08 \2.05 \2.06 \2.11 \2.08 \2.08
(1) Inventory estimates are adjusted for seasonal variation and, in the case of sales for holiday and trading day differences. Estimates are\
not adjusted for price changes.\
Note: Estimates exclude food services. Inventory estimates include data for auxilary establishments; for example, warehouses servicing retail stores. Estimates\
are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes. Cumulative seasonally adjusted sales estimates are not tabulated.\
Information on sample design and estimation procedures can be found on the internet at www.census.gov/mrts/www/ndesign.html. Information on measures of sampling\
variability can be found at \www.census.gov/mrts/www/nrely.html.\